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Gibson Energy (TSX:GEI) Forward Dividend Yield % : 7.22% (As of May. 12, 2024)


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What is Gibson Energy Forward Dividend Yield %?

As of today (2024-05-12), the Forward Annual Dividend Yield of Gibson Energy is 7.22%.

As of today (2024-05-12), the Trailing Annual Dividend Yield of Gibson Energy is 6.95%.

TSX:GEI's Forward Dividend Yield % is ranked better than
75.71% of 494 companies
in the Oil & Gas industry
Industry Median: 4.3 vs TSX:GEI: 7.22

Gibson Energy's Dividends per Share for the three months ended in Mar. 2024 was C$0.41.

During the past 12 months, Gibson Energy's average Dividends Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gibson Energy was 32.10% per year. The lowest was 1.00% per year. And the median was 3.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Gibson Energy's Forward Dividend Yield %

For the Oil & Gas Midstream subindustry, Gibson Energy's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gibson Energy's Forward Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gibson Energy's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Gibson Energy's Forward Dividend Yield % falls into.



Gibson Energy Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Gibson Energy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.4100002024-03-272024-03-282024-04-17Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3900002023-12-282023-12-292024-01-17Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3900002023-09-282023-09-292023-10-16Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3900002023-06-292023-06-302023-07-17Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Gibson Energy's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.64/22.73
=7.22 %

Current Share Price is C$22.73.
Gibson Energy's Dividends per Share for the forward twelve months is calculated as C$0.41 * 4 = C$1.64.

Gibson Energy's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.58/22.73
=6.95 %

Current Share Price is C$22.73.
Gibson Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$1.58.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gibson Energy  (TSX:GEI) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Gibson Energy Forward Dividend Yield % Related Terms

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Gibson Energy (TSX:GEI) Business Description

Industry
Traded in Other Exchanges
Address
440 - 2nd Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 5E9
Gibson Energy Inc. is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility. Gibson Energy Inc. services Canada and the United States, and the majority of revenue comes from the marketing segment.
Executives
Sean Brown Senior Officer

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